RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GLT
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Volatile ride for Glatfelter stock price on Wednesday moving between $1.43 and $1.59
(Updated on May 01, 2024)

Sell candidate since Apr 01, 2024 Loss -22.80% PDF

The Glatfelter stock price gained 4.20% on the last trading day (Wednesday, 1st May 2024), rising from $1.43 to $1.49. During the last trading day the stock fluctuated 10.84% from a day low at $1.43 to a day high of $1.59. The price has been going up and down for this period, and there has been a 0.68% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 21 thousand more shares were traded than the day before. In total, 275 thousand shares were bought and sold for approximately $409.57 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -22.56% during the next 3 months and, with a 90% probability hold a price between $0.532 and $1.60 at the end of this 3-month period.

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GLT Signals & Forecast

Glatfelter has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Glatfelter stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $1.51 and $1.71. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, February 07, 2024, and so far it has fallen -43.56%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Glatfelter stock

Glatfelter finds support from accumulated volume at $1.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.155 between high and low, or 10.84%. For the last week, the stock has had daily average volatility of 5.65%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GLT) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Glatfelter to open at $1.50, and during the day (based on 14 day Average True Range), to move between $1.38 and $1.60, which gives a possible trading interval of +/-$0.112 (+/-7.51%) up or down from last closing price. If Glatfelter takes out the full calculated possible swing range there will be an estimated 15.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.48 (0.67%) than the resistance at $1.60 (7.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Earnings coming up

Glatfelter will release earnings BMO on Thursday, May 09, 2024. We will update the financials statements for Glatfelter, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 13.80% in the first trading day after earnings release.

Is Glatfelter stock A Buy?

Glatfelter holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.109 Sell Candidate Upgraded

Predicted Opening Price for Glatfelter of Thursday, May 2, 2024

Fair opening price May 2, 2024 Current price
$1.50 ( 0.783%) $1.49

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GLT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.66 11.19 %
R2 1.60 7.21 %
R1 1.56 4.76 %
Current price: 1.49
Support S1 1.44 -3.19 %
S2 1.41 -5.65 %
S3 1.35 -9.62 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.84 23.49 %
R2 1.77 18.79 %
R1 1.60 7.38 %
Current price 1.49
Support S1 1.48 -0.671%
S2 1.47 -1.34%
S3 1.28 -14.09%

GLT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 05, 2022 Jun 30, 2022 Aug 01, 2022 $0.140 2.21%
2 Feb 18, 2022 Mar 31, 2022 May 01, 2022 $0.140 1.27%
3 Dec 17, 2021 Dec 31, 2021 Feb 01, 2022 $0.140 0.793%
4 Sep 15, 2021 Sep 30, 2021 Nov 01, 2021 $0.140 0.83%
5 May 06, 2021 Jun 30, 2021 Aug 02, 2021 $0.140 0.93%

FAQ

What is the symbol for Glatfelter Stock and on which exchange is it traded?
The symbol for Glatfelter is GLT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Glatfelter Stock?
Glatfelter holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy Glatfelter Stock?
Glatfelter Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Glatfelter Stock.

What's the current price of Glatfelter Stock?
As of the end of day on the May 01, 2024, the price of an Glatfelter (GLT) share was $1.49.

What is the 52-week high and low for Glatfelter Stock?
The 52-week high for Glatfelter Stock is $4.58 and the 52-week low is $1.25.

What is the market capitalization of Glatfelter Stock?
As of the May 01, 2024, the market capitalization of Glatfelter is 64.561M.

When is the next earnings date for Glatfelter?
The upcoming earnings date for Glatfelter is May 09, 2024.
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About Glatfelter

Glatfelter Glatfelter Corporation, together with its subsidiaries, manufactures and sells engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and ot... GLT Profile

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